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White House Trade Adviser Peter Navarro has criticized Federal Reserve Chair Jerome Powell's decision to maintain current interest rates, stating that the rate hold is causing serious economic harm. Navarro argues that this policy is resulting in lost revenue and higher interest payments, contributing to acute financial pain for Americans. He has called for intervention by the Federal Reserve Board to reconsider Powell's stance. Additionally, U.S. Commerce Secretary Lutnick has echoed concerns, asserting that Powell has kept interest rates excessively elevated.